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washington commission. this is not something where folks are going to be studying the issue for six months. publishing a report. that gets read and then pushed aside. >> the team will reportedly look at not only gun laws me and tall health policies. republicans have yet to sign on to measures by the house and senate democrats aimed to limit cliffs that hold ten bullets at one time, they are quietly having conversations about what role they should play. >> we need to look at what drives a crazy person to do these actions. make sure what we are enforcing the laws on the books? >> as he proposed bold steps and promised swift action. mr. obama faced with a tough question. why hasn't he acted before now? >> this is not the first issue of horrific gun violence of the four years. where have you been? >> citing the councilmember economic crisis, two wars and the fight to pass sweeping healthcare legislation the president responded. >> i don't think i have been on vacation. >> many feel the president's resolve at this time will be welcome on capitol hill. >> the time is different because there is s
. chief washington correspondent ed henry live in the white house briefing room with the administration latest effort to reach a deal. with a last minute pitch from the president. the president seems to be saying go home for the holidays, take a deep breath. ref lax. come back. get it done. >> good evening, john. high drama here. when the president is leaving for hawaii in 90 minutes from now. first, though, he met at the white house with senator reid and he called the speaker boehner and came out on the podium behind me. he laid out three-point plan that he thinks can pass if ten days. extend tax cut for 98% of the public. extend unemployment benefit for 2 million people. come back to deal with spending cut and deficit reduction. he said that was achievable by january 1 to avoid the cliff. after last night, unclear whether anything can pass. >> just as the economy is really starting to recover, and we're starting to see optimistic signs. we have seen, actually, some up-side statistics from a range of areas clouding housing, now is not the time for more self-inflicted wounds. certainly
to washington. >> we need to make difficult decisions. often we have conversations about how to create enough revenue to solve the problem. i learned early in my 20s if you have a problem with spending there's not enough revenue to make up for it. we have a spending problem, ladies and gentlemen in america. knotted a revenue -- not a revenue problem. >> he expects to be sworn in on january 3rdrd. once scott give >> thank you. a quick programming note both senate tim scott and nikki haley will join greta van susteren on tonight's on the record at 10:00 p.m. eastern. why secretary of state clinton is not testifying about benghazi this week. it says politics makes strange bed fellows. case in point energy exports next. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers fo
will officially go over it tonight. congress will miss a midnight deadline. so what now? will washington prevent significant economic fall-out come wednesday? this is "special report." ♪ ♪ good evening. i'm bret baier. when the giant crystal ball makes the last move in times square tonight, 2013 will officially be here. and so will the deadline. for a deal here in washington. politicians self-imposed fiscal cliff. the effort to make the consequences so unattractive for missing that, that both sides would have to come to agreement. at this hour, there is no legislation to vote on yet. there is every indication officially it's over that cliff we go. some things are settled. others are still in flux. that is where it starts to get technical. so let's bring in fox team coverage to straighten it out. chief white house correspondent ed henry looks at messaging and movement from president obama today. first, chief congressional correspondent mike emanuel on what seems to have been settled and how and what is still up in the air at this late hour. hi, mike. >> hi. bret. we hear from the republican s
in washington. while the fed is making a tidy out.it on a controversial about to send that and more out the door. to pump up the economy. >> the financial crisis has a tidy profit for taxpayers. they sold the last remaining shares of insurance giant a.zig today. the company nearly collapsed in 2008 after making risky financial bet. the treasury and the federal reserve came to the rescue, taking it over and backing it with $182 billion. avenue self-ing off the last shares treasury reported $5 billion profit on the bail-out. the federal reserve made $17.7 billion. but the fed won't be parking its cash. it's holding a two-day policy meeting and it is expected to announce tomorrow it will continue to keep interest rates low. but it wants to get them especially lower. for mortgages, car loan and business loan. it is expected to expand one of the major stimulus programs known as quantitative easing. it will buy more treasury bonds from banks and investors for cash. extra $40 billion or so a month. the fed hopes it will create more jobs. >> even though unemployment ticked down there is a reserve of peo
't the phenomenal everyone expected. face calf cliff is a real cliff hanger as washington tried to make a deal with half a trillion in tax increases and spending cuts looming. look at the year in biz. no new york, brenda buttner. >> doug: thank you. lawmakers have two being assignments to finish before the end of the year. up next, i ask the fox all-stars if congress can get it all done. lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see, cause c-max also beats prius v, with better mpg. say hi to the all-new 47 combined mpg c-max hybrid. i played a round of golf.id in the last five hours? then i read a book while teaching myself how to play guitar; ran ten miles while knitting myself a sweater; jumped out of a plane. finally, i became a ping pong master while recording my debut album. how you ask? with 5-hour energy. i get hours of energy now -- no crash later. wait to see the next five hours. they don't help single moms. hi! hi! [ sarah ] what happened to our house last year? [ daughters ]
personally. we have fox team coverage tonight. chief washington correspondent ed henry will cover the president's strategy. chief congressional correspondent mike emanuel looks at the politics of plan "b" from congress' perspective. >> good evening. this is a heavy lift with numerous conservative groups urging republicans to vote against speaker boehner's plan "b." but with the u.s. economy less than two weeks from the fiscal cliff, top republicans say they are trying to avoid a massive tax hike for everybody. >> the house will act today. up to senate democrats in the white house to act. >> it would extend tax cut on income below $1 million. to secure republican support, the house is voting on a separate measure to cancel next year's pentagon cuts part of sequestration by slashing domestic programs. that upset house democrats. >> the bills are not a plan. they are a ploy. they are bills to nowhere. in a deeply cynical move, so cynical, the republicans have decided to offer another bill to put off some of the sequester. >> while the process moves forward, boehner hasn't given up ho
from across the country came to washington today. to urge lawmakers to be careful not to hurt charity in search for revenue. >> for every dollar a donor receives in tax relief the public receives $3 of benefit. no other tax benefit generates that positive public impact. >> as they fanned out across capitol hill to talk to lawmakers the debate rageed on how to avoid the fiscal cliff. president obama trying to argue the republican plan wouldn't work suggested that the g.o.p. would eliminate charitable deductions altogether. >> if you eliminate charitable deductions, ever hospital and university and non-for profit agency, across the country would find themselves on the verge of collapse. >> destroying every charity in the country as a powerful political argument no republican plan to eliminate the charitable deductions. oddly enough the president himself long favored capping deductions at 28%. also in his current budget. >> a different way to do that, that would raise $600 billion over ten years. >> analysts say that 50 $50,000 cap the g.o.p. suggested would raise more than that. some $7
start and you have may have seen him with the chief washington correspondent ed henry where obama insists he moved more than halfway to meet boehner. >> megyn: the democrats have given a lot to boehner and they are not ready to give more. top advisor telling me the white house believes the negotiation took a step back today. speaker boehner said it's time for a backup plan. >> our plan "b" is protect taxpayers making $1 million or less and have current rates extended. >> there there is little chance of passible in the senate. the democrats say if goalposts is getting moved. >> take the football and charlie brown episode. they jerk it away. >> 15 months ago the president suggested threshold on tax hikes might be a $1 million. >> middle class families shouldn't pay higher taxes than millionaire and billionaires. today they said it did not preclude raising rates with broader reform. >> the idea to tax people making more than $1 million is so bad and unbalanced why did the president propose it in 2007? >> millionaire tax in rose garden? >> first, >> that is a different propoise sal. h
a weekend arrest in washington, d.c. suburb over the weekend. idaho republican who has said he does not drink because of his mormon faith had a blood alcohol content of .11%. he issued apology accepting total responsibility for ips dent. in newtown, connecticut, a resident told reporters christmas will never be the same for the families who lost children and loved ones in the december 14 massacre. correspondent molly henneberg reports both sides of gun debate trying to develop a plan to keep the nation's chirp safe. >> the national rifle association may support plan to put armed officers at the nation's school bus lawmakers are less than enthusiastic about the idea, especially the democrats. dianne feinstein who is expected to introduce gun control legislation in january, called the nra idea "distraction." others suggest it might have the opposite effect on lawmakers. >> well, i think he is so extreme a tone deaf he actually helps the cause of us passing sensible gun legislation in the congress. >> we have 130,000 elementary school and secondary schools in this country. if you had t
. ♪ ♪ >> bret: this is a fox news alert. i'm bret baier in washington. the person thought to be at the top of president obama's short list, to replace hillary clinton as secretary of state, has taken herself out of the running. united nations ambassador susan rice has been under withering assault from the republicans over her response to september terror attack in benghazi, libya. get the latest from the chief white house correspondent ed henry. good evening. >> good evening. this is a dramatic shift. the president caving on someone who he really wanted to install as the next secretary of state. i'm told by the top democrats he has been agonizing over this, privately in recent days because he wanted to give her this promotion. we know in the first post election news conference the president very aggressively defended susan rice against the attacks from republicans on the hill. over whether or not she misled the public about benghazi. saying i have every confidence he is can serve our country now and years in come. we reported earlier today this the top democrats tell me they believe that s
Search Results 0 to 12 of about 13 (some duplicates have been removed)